Western Asset Global High Income Fund Inc. Declares Monthly Dividend of $0.07 (NYSE:EHI)

Western Asset Global High Income Fund Inc. (NYSE:EHI) declared a monthly dividend on Monday, February 23rd. Shareholders of record on Thursday, April 23rd will be given a dividend of 0.07 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 13.1%. The ex-dividend date of this dividend is Thursday, April 23rd.

Western Asset Global High Income Fund Price Performance

Shares of EHI stock traded down $0.02 during mid-day trading on Monday, reaching $6.41. The stock had a trading volume of 166,122 shares, compared to its average volume of 112,361. Western Asset Global High Income Fund has a one year low of $6.11 and a one year high of $6.80. The firm’s 50 day simple moving average is $6.43 and its 200 day simple moving average is $6.46.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. GraniteShares Advisors LLC bought a new position in shares of Western Asset Global High Income Fund during the 4th quarter worth about $2,733,000. Shaker Financial Services LLC increased its stake in Western Asset Global High Income Fund by 61.5% in the second quarter. Shaker Financial Services LLC now owns 414,977 shares of the company’s stock valued at $2,743,000 after acquiring an additional 158,042 shares during the period. Absolute Investment Advisers LLC raised its position in Western Asset Global High Income Fund by 50.3% in the fourth quarter. Absolute Investment Advisers LLC now owns 467,620 shares of the company’s stock worth $2,986,000 after purchasing an additional 156,485 shares in the last quarter. Guggenheim Capital LLC lifted its stake in Western Asset Global High Income Fund by 21.5% during the second quarter. Guggenheim Capital LLC now owns 668,502 shares of the company’s stock worth $4,372,000 after purchasing an additional 118,129 shares during the period. Finally, Corient Private Wealth LLC bought a new position in Western Asset Global High Income Fund during the second quarter worth about $644,000.

About Western Asset Global High Income Fund

Western Asset Global High Income Fund (NYSE: EHI) is a diversified, closed-end management investment company that seeks to provide high current income by investing primarily in a broad range of high-yield and emerging-market debt securities. The fund’s portfolio typically includes corporate and sovereign bonds, bank loans, convertible securities and other credit instruments denominated in U.S. dollars and foreign currencies. By accessing global credit markets, EHI aims to capture attractive yield opportunities across developed and developing economies.

Launched in the late 2000s, the fund employs both fundamental credit analysis and top-down macroeconomic research to construct a portfolio that balances income generation with risk management.